SCI’s provincial survey on latest consumer inflation in Iran

Financial Tribune – The highest month-on-month, year-on-year and average annual inflation rates were registered in West Azarbaijan with 6.3%, Ilam with 33.9% and 48.6% and the lowest were recorded for Kurdestan with 1.2% and 23.1%, and Qom with 35.2% respectively

The growth in overall Consumer Price Index was the highest (6.3%) for West Azarbaijan Province during the ninth month of the current Iranian year (Nov. 22-Dec. 21) compared with the previous month, according to data released by the Statistical Center of Iran.

Kurdestan Province posted the lowest month-on-month inflation of 1.2% last month.

The overall CPI calculated for the country (using the Iranian year to March 2017 as the base year) stood at 193.8 in the same month, indicating a 3.2% rise compared with the previous month.

Ilam Province’s goods and services consumer inflation registered a rise of 33.9% during the month ending Dec. 21 compared with the similar month of last year, the highest among all provinces. The year-on-year CPI increase was the lowest for Kurdestan with 23.1% compared with that of other Iranian provinces.

The overall goods and services CPI in Iran registered a year-on-year increase of 27.8% in the same month.

The average goods and services CPI in Iran for the 12-month period ending Dec. 21 increased by 40% compared with last year’s corresponding period.

Ilam registered the highest annual inflation with 48.6% while Qom posted the lowest at 35.2%.